Abstract
A number of innovative market-based approaches to the management of the Latin American debt crisis have evolved over the last five years (Guttentag and Herring, 1985; Lessard and Williamson, 1985; Meltzer, 1987). These approaches, notwithstanding the fact that they have been sparingly and selectively used to date, have attracted considerable and probably disproportional attention since the IDB-Euromoney Conference on global debt strategies in June 1987. Noteworthy among these innovative approaches are: DES, debt-for-debt swaps, interest capitalization, debt securitization and direct repurchase.
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© 1992 Antonio Jorge and Jorge Salazar-Carrillo
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Parhizgari, A. (1992). Latin American Debt-Equity Swaps. In: Jorge, A., Salazar-Carrillo, J. (eds) The Latin American Debt. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-12051-2_7
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DOI: https://doi.org/10.1007/978-1-349-12051-2_7
Publisher Name: Palgrave Macmillan, London
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